Awea Mechantronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 12:10 am IST
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Awea Mechantronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,223.218 million compared to TWD 1,109.003 million a year ago. Operating income was TWD 98.267 million compared to TWD 83.047 million a year ago. Net income was TWD 47.041 million compared to TWD 66.238 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.69 a year ago.
For the nine months, sales was TWD 3,617.106 million compared to TWD 3,120.050 million a year ago. Operating income was TWD 307.809 million compared to TWD 204.246 million a year ago. Net income was TWD 233.465 million compared to TWD 107.030 million a year ago. Basic earnings per share was TWD 2.42 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 2.41 compared to TWD 1.11 a year ago.
AWEA MECHANTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of computer numerical control (CNC) machine tools. The company's main products include the gantry-type vertical machining centers, as well as the C-type vertical machining centers. In addition, the Company is also involved in the provision of related maintenance services, as well as the trading of parts and components. Its products are mainly used in industries such as aerospace, national defense, automobile, mechanical, metal processing and electronics. The Company mainly distributes its products in domestic market and to overseas markets.